Davis Polk advised Grupo Unicomer Co. Ltd. in connection with its Rule 144A/Regulation S offering of $350 million aggregate principal amount of its 7.875% senior notes due 2024. The notes are unconditionally guaranteed on a senior unsecured basis by certain subsidiaries of Grupo Unicomer.

Unicomer Group is a leading retailer of durable consumer goods, including home appliances, consumer electronics, furniture, motorcycles, mobile devices, computer equipment and optical wear in its Latin American and Caribbean markets. As of December 31, 2016, Unicomer Group served customers in 24 countries throughout Latin America and the Caribbean and operated 1,061 stores with more than 4.2 million square feet of retail space under various brands.

The Davis Polk corporate team included partner Maurice Blanco and counsel Katia Brener. The tax team included partner Rachel D. Kleinberg and associate Yoojin L. Kim. Counsel Sarah E. Kim and associate Jennifer Wang provided Investment Company Act advice. Members of the Davis Polk team are based in the New York and Northern California offices. 

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